Toronto | Reuters — Ontario’s newly elected Tory government said Monday it will delay the start date of recreational marijuana sales in the province and will allow private retailers to sell cannabis rather than government-run stores. Ontario will allow private retailers to sell recreational marijuana starting on April 1, officials from the province’s Progressive Conservative […] Read more

Chicago | Reuters — U.S. soybean futures turned higher on Monday after touching their lowest levels in over three weeks on expectations that domestic inventories will pile up due to a record harvest and the ongoing trade dispute with Beijing. Prices recovered from a 4.7 per cent selloff on Friday that was ignited by a […] Read more

    Frankfurt | Reuters — Bayer shares plunged as much as 14 per cent on Monday, losing about US$14 billion in value, after newly acquired Monsanto was ordered to pay US$289 million in damages in the first of possibly thousands of U.S. lawsuits over alleged links between a weedkiller and cancer. After the verdict […] Read more

Reuters — A California jury on Friday found Monsanto liable in a lawsuit filed by a man who alleged the company’s glyphosate-based herbicides, including Roundup, caused his cancer and ordered the company to pay US$289 million in damages. The case of school groundskeeper Dewayne Johnson was the first lawsuit to go to trial alleging glyphosate […] Read more

Hamburg | Reuters – Drought and a heatwave that scorched fields in northern Europe may cut the European Union’s wheat export surplus and the bloc will need to consume more of its own grains, experts said on Friday. French analysts Strategie Grains forecast a 10 percent smaller EU soft wheat harvest this year, with northern […] Read more

Chicago | Reuters – U.S. soybean futures dropped more than 4 percent on Friday after the U.S. Department of Agriculture (USDA) projected larger-than-expected crop yields in the United States and said U.S. and global stocks of the oilseed would swell to record highs. Corn and wheat prices also dropped as the USDA forecast a bigger average U.S. […] Read more

Chicago | Reuters – The U.S. Agriculture Department on Friday raised its outlook for domestic corn and soybean harvests by a more than expected amount due to good weather during key phases of development. The increased domestic projections, which pushed futures markets sharply lower, will boost the U.S. soybean stockpile to its biggest ever while […] Read more

CNS Canada — Drought and heat continue to pound Germany’s crops and analysts now expect the lightest harvest in 24 years, the association of German farm co-operatives DRV said in an Aug. 8 harvest report. The harvest for all grains is expected to decline to about 36.3 million tonnes, a 20.3 per cent fall and […] Read more

Chicago | Reuters – U.S. soybean futures retreated on Thursday after two sessions of gains in a profit-taking and position-squaring setback ahead of Friday’s U.S. Department of Agriculture monthly supply and demand report. Corn also slipped as traders moved to the sidelines ahead of the closely watched report, the first of the season to include field surveys […] Read more

CNS Canada — Barley prices in Western Canada are falling as an early harvest is weighing on values. “Prices have moderated here,” said Allen Pirness of Market Place Commodities Ltd. Lethbridge, Alta. The surprise rally from last week ended as quickly as it began. Prices which started last week at about C$250 per tonne were […] Read more